1, COOK CLOSE, CHATHAM, ME5 8LU - £320,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 COOK CLOSE is a large extended detached house of 124m², built sometime between 1976 and 1982, which could now be worth an estimated £473,444. It was last sold for £320,000 in January 2016, which was around 12% below the average January 2016 detached price in the Medway local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

1 COOK CLOSE Sold Prices

Land registry data shows two sales for 1 COOK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Both of the two 1 COOK CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 11 JAN	£320,000	£364,087	12% below HPI
2000 7 JUL	£124,000	£142,619	13% below HPI

1 COOK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The two 1 COOK CLOSE sales from July 2000 and January 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2000 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2016 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 1 COOK CLOSE be worth now?

1 COOK CLOSE might now be worth an estimated £473,444.

This is based on house price inflation of 48%, between January 2016 and February 2025, for detached houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48% inflationary increase is applied to the most recent sale price for 1 COOK CLOSE of £320,000 on 11th January 2016. For the value to have increased from £320,000 to £473,444 over the eight years and eleven months to February 2025, the following assumptions must hold true:

• The value of 1 COOK CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The January 2016 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 1 COOK CLOSE has not materially changed since January 2016.

How Large is 1 COOK CLOSE?

1 COOK CLOSE is 124m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 40% of detached houses houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chatham, and where 1 COOK CLOSE lies on this distribution: 63% of detached houses houses are smaller than 1 COOK CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Chatham.

1 COOK CLOSE: Plot and Title Map

1 COOK CLOSE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 1 COOK CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 COOK CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 COOK CLOSE?

1 COOK CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 1 on COOK CLOSE.